Marginal cost-benefit analysis states that financial decisions should be made and actions should be taken only when the added benefits exceed the added costs
Indicate whether the statement is true or false
TRUE
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Which of the following is not a reason to invest excess cash in temporary investments?
a. earn interest revenue b. influence the operations of another company c. receive dividends d. realize gains from the increase in market value of the securities
Viruses and chemical exposure can cause mutations in proto-oncogenes which can lead to cancer.
Answer the following statement true (T) or false (F)
TAC Inc, produces two products – Tics and Toes, from one process. The joint processing costs of materials, labor, and overhead total $220,000, producing 20,000 units of Tics and 30,000 units of Toes. The company sells Tics for $20 per unit and Toes for $15 per unit. The amount of joint costs assigned to Tics using the relative sales value method is:
a. $146,666 b. $103,532 c. $116,471 d. $73,333
In some states, the courts will treat a corporation as a legal corporation despite a defect in its formation.
Answer the following statement true (T) or false (F)